Kreider Services Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363403379 ✦ Dixon, IL ✦ Designated as a 501(c)(3)

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Overview

What is Kreider Services Foundation Inc?

Kreider Services Foundation Inc is a nonprofit organization, headquartered with a mission to secure sustainable financial resources for the provision of services to individuals living with developmental disabilities. Their primary focus is on ensuring the long-term stability of these essential services. The organization's activities revolve around supporting individuals with developmental disabilities, providing them with the necessary care and assistance they require to lead fulfilling lives.


Official website here: www.kreiderservices.org/foundation

What are the reviews and ratings of this charity?

Charity Navigator gives Kreider Services Foundation Inc a rating of 84%, which corresponds to a Three-Star out of Four Star rating. This score is derived entirely from their Accountability & Finance metrics, highlighting the organization's financial health and transparency. The rating suggests that Kreider Services is performing adequately in these areas, indicating a responsible approach to managing funds.

The foundation's strengths include a high percentage of independent board members and a strong program expense ratio, with nearly 94% of expenses going directly to programs. Moreover, the organization has demonstrated effective financial oversight with no material diversion of assets and a favorable liabilities-to-assets ratio. These factors contribute positively to the charity's overall operational integrity.

However, some limitations are evident in the absence of key governance policies, such as a conflict of interest policy, a whistleblower policy, and document retention and destruction guidelines. Additionally, the nonprofit has not posted its tax form on its website, which may affect transparency. Addressing these gaps could enhance confidence among donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Kreider Services Foundation Inc legitimate?

Kreider Services Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kreider Services Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.kreiderservices.org/foundation

What is the mission statement of Kreider Services Foundation Inc?

The Kreider Services Foundation Inc was established with the mission to create private funds for the long-term financial sustainability of services aimed at individuals with developmental disabilities. The organization's primary focus is on providing resources for the developmentally disabled, ensuring they receive the necessary support and care. By developing these funds, the foundation aims to secure a stable future for these crucial services.


Official website here: www.kreiderservices.org/foundation

Who is the CEO of Kreider Services Foundation Inc?

Dr Richard Pillar is the President of Kreider Services Foundation Inc.


Official website here: www.kreiderservices.org/foundation

What is the revenue of Kreider Services Foundation Inc?

Kreider Services Foundation Inc's revenue in 2021 was $3,820,422.


Official website here: www.kreiderservices.org/foundation

Who are the executives of Kreider Services Foundation Inc and what are their salaries?

There 6 volunteers at Kreider Services Foundation Inc.


Here are 9 key members and their salaries:


Jeff Stauter (Secretary/Treasurer)
  • Compensation: $0
  • Related: $160,157
  • Other: $33,239
Nancy Grygiel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Richard Pillar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlan Mcclain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Beckman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Schilling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Marshall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Dewey (Director Of Finance)
  • Compensation: $0
  • Related: $77,169
  • Other: $11,216
Brenda Nailor (Assistant Director Of Finance)
  • Compensation: $0
  • Related: $68,205
  • Other: $11,956


Official website here: www.kreiderservices.org/foundation

Where can I find the form 990 for Kreider Services Foundation Inc?

Kreider Services Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.kreiderservices.org/foundation

Learn more at the official website: www.kreiderservices.org/foundation

Mission Statement of Kreider Services Foundation Inc

Kreider Services Foundation, a nonprofit organization, was established with a vision to secure a financially stable future for services catering to individuals with developmental disabilities. The foundation's primary mission is to amass private funds, serving as a long-term financial backbone for these crucial services. By providing a stable financial foundation, Kreider Services Foundation enables ongoing support for individuals with developmental disabilities, ensuring they can continue to receive the necessary care and assistance they require.

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Impact




October, 2024

Kreider Services Foundation Inc plays a crucial role in enhancing the lives of individuals with developmental disabilities. By developing private funds, the organization ensures long-term financial stability for essential services, fostering an environment where people with developmental disabilities can thrive. The foundation’s commitment not only supports immediate care and programs but also invests in future opportunities and resources, allowing for sustained growth and development in the community. Through its efforts in Dixon, IL, Kreider Services is pivotal in creating inclusive services that empower individuals, enhancing their quality of life and supporting their integration into the broader community.




This information is meant to be a general summary of Kreider Services Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,820,422 (2021)
Expenses
$583,260 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $3,440,432
  • Gross Receipts: $13,648,517

Assets and Liabilities:

  • Total Assets: $28,924,811
  • Total Liabilities: $355,539
  • Net Assets: $28,569,272

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Organization Details

Founding Year

1985

Principal Officer

Dr Richard Pillar

Main Address

P O BOX 366, DIXON, IL, 61021

NTEE Category

Code: P12 - Human services

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